Rolls Royce Operations: Evaluating Management & Supply Chain Strategy

Verified

Added on  2023/06/09

|9
|2395
|449
Report
AI Summary
This report provides an overview of business operations and management principles, using Rolls Royce as a case study. It examines key functions such as marketing, accounting, and manufacturing, highlighting how these operations contribute to the company's success and revenue generation. The report evaluates Rolls Royce's operations management decisions, including flexible specialization, mass customization, supply chain management, location management, and total quality management (TQM). It further discusses the importance of timely delivery and safety within the organization. The analysis concludes that effective operations management is crucial for improving productivity, performance, and market expansion, emphasizing the role of quality products in enhancing brand value and customer base. Desklib provides this report and other resources to aid students in their studies.
Document Page
Introduction to Business
operations and management
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY ..................................................................................................................................3
Introduction to business operations .......................................................................................3
Overview of an organization .................................................................................................4
Evaluation of operations management ..................................................................................4
Evaluation of organizations operations management decisions ............................................6
CONCLSUION................................................................................................................................8
REFRENCES ..................................................................................................................................9
Document Page
INTRODUCTION
Business operations means the process which deals with various practices that leads
towards success and growth of business within particular market. The concept is based over
transferring of business form one perspective to another. It helps upon developing business
structure used for developing profit on large scale. These operations are mainly developed in
order to enhance management practices present within an organization. Business operations
management is based over business practices which leads upon developing effectiveness over
various business entities and there working on large scale. As per the scenario, the undertaken
organisation for this report is Rolls Royce which is a British luxury auto-mobile maker having
headquarter is in England, Goodwood, UK. The organization sells various product which
includes daily use items and grocery. The report covers about business operations its meaning
and various functions that is included within it. Then overview of selected organization is
explained with various management operations. In then recommendation and conclusion is
given.
MAIN BODY
Introduction to business operations
Business operations are based upon those activities which is used for developing business
on large scale and helps in increasing value of enterprises making profit earning possible. These
activities helps upon optimizing business operations making revenue generation possible over
covering expenses which is fulfilled through revenue generation(Muscatello (2022). The
activities are related over optimizing of business resources which leads upon creating
sustainability for business in long term. Also the activities are based upon accomplishment of
goals and objectives which has been set by an organization. Under such concept various kinds of
functions like marketing, accounting and manufacturing is covered. Business operations
evolved with business and plans are developed accordingly in order to counter challenges which
is based over system. This understood within the help of example that is, as a small business
grows, it must be ready to handle arising challenges such as legal, marketing, and capacity
issues. If the business does not evolve with the changes in business operations, glitches such as
errors and omissions will emerge. In relation to Rolls Royce, these business operations differ
across industries and structure as per the requirement of industries. Mastering of operations
Document Page
within specific industry has helped in making business achieve success. The main aim of
business is to achieve goals and objectives over stock products that makes customers willing to
pay over the product produced by an organization(Le, Stathopoulos (2019). The makes stock
products which makes customer satisfaction created on large scale within an organization. Rolls
Royce with its business operations is able to produce quality cars and create customer
satisfaction with it.
Overview of an organization
Roll Royce is widely recognized entities in United Kingdom that offers into generating in
addition to dispensing vehicles and aerospace vehicles. This is an engineering magnum that plays
correctly closer to growing its designs through utilising right and superior technology. Moreover,
an agency is currently going through diverse troubles with their engine production for Civil
Aerospace entities together with Boeing (Rolls-Royce Reveals Blade Problems in Newest
Engine, 2019). These troubles associated production are vital for entities with a purpose to
capable of preserve superiority in addition to sustainability into marketplace.
Evaluation of operations management
Operations control is board and pretty crucial elements for an entities so it's far vital that
this are to be performed effectively. There are diverse directing ideas into the working towards
regions this is crucial for entities to conform. Moreover, there a few ideas that want to be
accomplished into complete operation control for maximizing company's work. Few outstanding
ideas are defined underneath:
Flexible specialization: It is taken into consideration as an organizational approach to
growth their aggressive gain into marketplace area(Houman Andersen, & Boer, (2019).
Therefore, the organisation is along with era in addition to machinery that may be applied
in diverse ways. Also, companies is adapting this strategies, to has exceptionally talented
staff. In relation to Rolls Royce, this allow companies to be effective of their operations
and carry out easy modifications as a way to growth their competency even into dynamic
circumstances. Also, the value of that can be better in admire of adopting operations
control ideas.
Mass customisation: This is seemed because the strategies of turning in customised
items or offerings consistent with necessities of clients. This is an accumulation of
flexibility in addition to customisation that allows entities to incurs low unit costs. In
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
relation to Rolls Royce, It is exceptionally cost-effective for company to conform in
admire of money, as a way to required through them for formulating merchandise
primarily based totally at the orders supplied to them.
As consistent with the above noted ideas, diverse ideas of operations control are reviewed and
critique are:
Principle of Humility: This is taken into consideration as an vital precept that refutes the
defects in addition to trial production method. Into this, company's supervisor need to
well known its complete obstacles in undertaking in addition to have powerful method
for outside or inner assistance(. Mass customisation may additionally guarantee that
entities can in a position accomplish the customers desires or now no longer. Within
Rolls-Royce, this unique precept is being tailored accurately as they are able to
recognizes their default designs actually have mounted R&D extension for managing
same. Principle of reality: This ideas plays upon principle that operation control of company
have to has right emphasis on troubles rather than strategies utilised fro managing same.
So, the cause at the back of that is that as consistent with respective precept now no
longer strategies can capable of supply answer of all problems(Hazen and et. al. (2018).
Also, the effective specialisation ideas nicely healthy with unique elements as this
additionally desires that organisation need to alter for matching the choices of customers.
In relation to Rolls-Royce, rather than concentrating upon troubles with production, an
entities need to emphasis upon jet engines replacements with as soon as new Trent 1000.
it truly indicates that respective ideas isn't comply nicely into entities as alternatively that
solving their departments are concentrating upon new technique to solve the troubles.
The differentiation between operation and operation management are discussed below:
Operations Operation management
Operations means those practices and process
which is based upon making effectiveness
developed within various operations related
to business(Shree and et. al. 2021). They
leads upon making business organization
achieve its goals by increasing productivity
Operations management means those process
which is related over plan, organise, direct and
control function within an organization making
operations like manufacturing and production
conducted more effectively.
Document Page
and profitability of an organization.
These are generally result oriented. These are process oriented.
There are certain operations which makes
adoption possible in relation over achieving
targeted objectives.
The operation management helps upon creating
effectiveness over procedures and practices
making goals targetted with accuracy within
organizations success.
There are different kinds of needs which is used upon making entities developed with
effectiveness over operations management. This is crucial that has been aiding organization
making analysis done upon various perspectives making organization achieve its goals and
objectives. In relation over Rolls-Royce, there are different kinds of needs, evaluation that has
been discussed as follows: Delivery: These entities are based over timely delivery of products which is used(Bang,
(2018). In this organization is based upon compliances over principle of humanity
making organizations assure about compliance over making system delivery by adopting
within time process.
Safety: This is based upon prominent needs of entities which is based upon making needs
of organizations satisfied with suppliers of goods within the sector. The organization
makes does not adopt principles over reality making performance done over various
organizational process that hampers safety.
So, analysis of needs against Rolls Royce operations management points out that delivery
needs is being effectively accomplished through particular principles adapted through entities.
Evaluation of organizations operations management decisions
Management Operations and Supply Chain Management it includes broad area which
has been covering both manufacturing and services within industries involved in
enhancing functions like sourcing, materials management, operations planning,
distribution, logistics, retail, demand forecasting, order fulfilment, and more. As per this
organization like Rolls Royce is able to develop structure which makes organization
increase its production process. The company have been very concerned about the
Document Page
manner in which raw materials are being procured from different suppliers. The suppliers
working with this mega retailers have always been treated very fairly and at the same
time ensures that sourcing is done sustainability. This approach of sustainable
procurements assists this organisation in making sure that there is a minimal negative
impact on social and economic grounds. In relation to Rolls Royce, the application of the
practices is ensured through the supply chain process and which leads to positive
reputation in the market. Thus it helps in improving decisions making of an organization
like
Management operations and location management The place of a plant or facility is
the geographical positioning of an operation relative to the enter assets and different
operations or clients with which it interacts. It helps upon improving decision making
within Rolls Royce in terms of expansion techniques.
Total Quality Management - It is described as control method for success of long time
achievement with the aid of using presenting consumer satisfaction . The personnel the
use of Kanban device enhance merchandise, services, culture, strategies of Royals Royce.
As TQM paintings at the incorporated and manner targeted method that facilitates to keep
the requirements of merchandise with the aid of using minimising value and keep high-
satisfactory of merchandise(Ahmed and et. al. (2022). They examine the operational
requirements as merchandise and specs modifications in each hour so superintendent
show off operational requirements on every product to affirm operations carried out
correctly or not. As TQM attention on non-stop development with the aid of using
handling high-satisfactory and putting off value of overproduction a good way to
advantage applicable outcomes. In context of Royals Royce with the aid of using the use
of Kanban device they keep their manufacturing manner in with the aid of using
controlling manufacturing, controlling high-satisfactory of employees and plenty of
more.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
CONCLSUION
From the above report, it could be concluded that operations control is an critical element
inside an business enterprise for it so that you can behavior its universal operations in an
powerful manner. This additionally allows it in improving its universal productiveness in
addition to overall performance and enlarge itself in numerous untapped markets. In order to
acquire this, it could employ numerous techniques for useful resource control and put in force
strategies and fashions like general fine control, just-in-time and McKinsey's model. Quality
merchandise now no longer simplest proved useful in elevating logo price however additionally
decorate the customer base in effective manner. So through the use of pretty develop equipment
and strategies an business enterprise can preserve fine of merchandise.
Document Page
REFRENCES
Books and Journals
Ahmed, S and et. al. (2022). Modern slavery risk disclosures in business operations and supply
chains. In Environmental Sustainability and Agenda 2030. Emerald Publishing Limited.
Bang, Y. H. (2018). Nom 2.0: innovative network operations and management for business
agility. IEEE Communications Magazine, 46(3), 10-16.
Hazen, B. T and et. al. (2018). Back in business: Operations research in support of big data
analytics for operations and supply chain management. Annals of Operations
Research, 270(1), 201-211.
Houman Andersen, P., & Boer, L. D. (2019). Sustainable Operations Management (SOM): An
Introduction to and Overview of the Book. In Operations Management and
Sustainability (pp. 1-12). Palgrave Macmillan, Cham.
Le, T. V., Stathopoulos (2019). Supply, demand, operations, and management of crowd-shipping
services: A review and empirical evidence. Transportation Research Part C: Emerging
Technologies, 103, 83-103.
Muscatello, J. (2022). An innovative approach to operations management building partnerships
with local professionals. Journal of Education for Business, 1-3.
Muscatello, J. (2022). An innovative approach to operations management building partnerships
with local professionals. Journal of Education for Business, 1-3.
Paul, S. K and et. al. (2021). A recovery planning model for online business operations under the
COVID-19 outbreak. International Journal of Production Research, 1-23.
Pınarbaşı, F. (2018). The effects of strategic design on business operations. In Strategic Design
and Innovative Thinking in Business Operations (pp. 115-129). Springer, Cham.
Urbach, N., & Röglinger, M. (2019). Introduction to digitalization cases: how organizations
rethink their business for the digital age. In Digitalization cases (pp. 1-12). Springer,
Cham.
chevron_up_icon
1 out of 9
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]